Shiba Inu (SHIB) holders rejoice! Leading crypto-based financial app xPortal has announced their user-friendly debit card service now allows topping up with SHIB.
This exciting development enables direct spending of the popular meme coin at millions of merchants worldwide.
Expanding Crypto Options for Seamless Spending
The SHIB integration is part of a broader update to xPortal’s debit card top-up options. Users now have access to a wider range of cryptocurrencies for convenient spending, including Chainlink (LINK), Uniswap (UNI), Dogecoin (DOGE), the PEPE meme coin, and the stablecoins USDT and USDC.
Security and Ease on the MultiversX Blockchain
For those new to the platform, xPortal is a global payments app and non-custodial crypto wallet built on the secure MultiversX (EGLD) blockchain. This user-friendly platform allows effortless management and exchange of crypto holdings directly through mobile devices. Security remains paramount, with xPortal boasting an “unhackable” on-chain 2FA system to protect user assets.
Accessing the SHIB Spending Power
Shiba Inu enthusiasts can leverage the new SHIB payment functionality by simply downloading the xPortal app from the Apple App Store, Google Play Store, or Huawei AppGallery. There’s no issuance fee for the card, but a €10 delivery fee applies for the physical card. Crypto purchases made through the card incur a minimal 1.49% fee. To incentivize card usage, xPortal offers an attractive 5% cashback reward program.
Also Read: Shiba Inu Burn Rate Explodes 3800%! Team Hints At Secret Weapon To Torch More SHIB
SHIB Adoption on the Rise
xPortal’s integration of SHIB payments positions them as a frontrunner in the evolving crypto finance landscape. This move reflects a growing trend of industry leaders embracing Shiba Inu for wider adoption. In 2023, similar developments included BitPay partnering with Sardine for SHIB payments on their cards in over 180 countries, Gate.io exchange launching a SHIB-spending debit card across Europe, and CryptoCom expanding their Visa card program to accept SHIB for funding. More recently, Binance reinstated SHIB support on their crypto debit cards, building on their initial integration in August 2022.
The addition of SHIB support by xPortal further strengthens the real-world usability of Shiba Inu. As more prominent platforms embrace SHIB for payments, its functionality and overall value proposition are poised for significant growth.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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